sebi:Order/AA/AR/2019-20/7053-7062
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Facts / Headnote
Adjudication proceedings disposed of; no penalty imposed
Provisions invoked
- s. 11B
- s. 15
- s. 19
- s. 15H
- s. 12
- s. 15I(1)
Regulations
- Reg. 2(1)(b)
Parties
- 21st Century Entertainment Pvt. Ltd
- Cumballa Hill Property Development Pvt. Ltd
- Cyber Info Zeeboombia.com Ltd
- Cyber Infosystems and Technologies Ltd
- EDC Securities Pvt. Ltd
- Giriganga Investments Pvt. Ltd
- Sumander Property Developers Pvt. Ltd
- Pravin Kumar Tayal
- Ahmednagar Investments Pvt. Ltd
- Sanjay Kumar Tayal
Holding
The Noticees were held not to have violated the directions issued vide the Interim Order dated March 08, 2010 by executing a Binding Agreement with ICICI Bank and swapping their shares of BoR with ICICI Bank shares, and consequently no penalty was imposed under Section 15HB of the SEBI Act.
Full text
_________________________________________________________________ Adjudication Order in the matter of Bank Of Rajasthan (Non-compliance of SEBI Order) Page 2 of 9
_________________________________________________________________ Adjudication Order in the matter of Bank Of Rajasthan (Non-compliance of SEBI Order) Page 3 of 9
_________________________________________________________________ Adjudication Order in the matter of Bank Of Rajasthan (Non-compliance of SEBI Order) Page 4 of 9
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Source: SecMarx — sebi:Order/AA/AR/2019-20/7053-7062. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.